Bond Connecticu 5% ( US207758G313 ) in USD

Issuer	Connecticu
Market price	100 % ▲
Country	United States
ISIN code	US207758G313 ( in USD )
Interest rate	5% per year ( payment 2 times a year)
Maturity	01/11/2030
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	22 590 000 USD
Cusip	207758G31
Next Coupon	01/05/2026 ( In 83 days )
Detailed description	Connecticut is a New England state known for its diverse coastline, historic cities like Hartford and New Haven, and a strong economy driven by insurance, finance, and higher education. A notable fixed-income instrument currently under market observation is a bond issued by the State of Connecticut, identified by ISIN US207758G313 and CUSIP 207758G31. As a U.S. state, Connecticut represents a sub-sovereign issuer within the United States' federal system, boasting a diversified economy rooted in sectors such as finance, insurance, advanced manufacturing, and education. Its robust taxing authority and stable economic foundation typically lend a strong credit profile to its debt instruments, making them an integral component of the broader municipal bond market. This specific bond, denominated in United States Dollars (USD), offers an annual interest rate of 5% and is structured with semi-annual coupon payments, reflecting a payment frequency of two times per year. The total size of this particular issue amounts to $22,590,000, and it is set to mature on November 1, 2030. Currently, the bond is trading at par in the market, with its price standing at 100%, indicating that its yield is aligned with its stated coupon rate in the present trading environment.